First Trust gathers largest actively managed ETF/ETP flows during July

Aug 23rd, 2017 | By | Category: ETF and Index News

Sector & Thematic Strategy Briefing - Wednesday 29th March 2023 - The Berkeley, London Please join us for our annual sector and thematic investing event, featuring DWS Xtrackers, First Trust, MSCI, Redburn and Sprott Asset Management. Please register now if you would like to attend.

First Trust gathered the largest net inflows into actively managed ETFs/ETPs during July with $504 million net new assets created, representing over a quarter of the $1.9 billion net inflows gathered globally over this period. According to research from ETF industry consultant ETFGI, other firms attracting significant net inflows during the month included Lyxor with $271m and Source with $153m.

First Trust gathers largest actively managed ETF/ETP flows during July

July saw $1.9bn in net new assets being created within the actively managed ETF/ETP industry globally.

Globally, active ETF/ETP assets increased by 4.7%, from $56.7bn at the end of June, to reach a new world record assets under management of $59.4bn on 31 July 2017. Record levels of assets were also reached at the end of July for active ETFs/ETPs listed in the United States ($38.3bn), Canada ($9.2bn), Europe ($7.9bn) and in Asia Pacific ex-Japan ($3.8bn).

At the end of July 2017, the global active ETF/ETP industry had 365 ETFs/ETPs, with 433 listings from 77 providers on 20 exchanges. Nearly two-thirds (64.5%) of global assets in active ETFs/ETPs are contained within 191 products listed in the US while 72.4% of global assets in active ETFs/ETPs are within 115 fixed income products.

According to data from research house Morningstar, AUM across First Trust’s US-listed actively managed ETF suite as of the end of July amounted to $9.9bn, making it the largest provider of US-listed actively managed ETFs.

Tags: , , , , , , ,

Leave a Comment